JetBlue Airways Corporation June 15th Short Interest Update

JetBlue Airways Corporation (NASDAQ:JBLU) stated loss of 396,564 shares or 2.6% in the short interest. The short interest registered from 15,061,769 on May 31,2016 to 14,665,205 on June 15,2016. In terms of floated shares, the shorted positions stood at 4.6%. The stock has been averaging 5,418,641 shares daily in trading and would need 3 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.

JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $15.54 on Friday but the bulls could not build on the opening and the stock topped out at $16.02 for the day. The stock traded down to $15.32 during the day, due to lack of any buying support eventually closed down at $15.46 with a loss of -5.10% for the day. The stock had closed at $16.29 on the previous day. The total traded volume was 10,139,811 shares.

The company shares have dropped -23.47% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $27.36 and the one year low was seen on Jun 24, 2016. The 50-Day Moving Average price is $17.74 and the 200 Day Moving Average price is recorded at $20.36.

JetBlue Airways Corporation (NASDAQ:JBLU) has tumbled 5.15% during the past week and has dropped 15.29% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 3.58%. JetBlue Airways Corporation (NASDAQ:JBLU) has underperformed the index by 12.72% in the last 4 weeks. Investors should watch out for further signals and trade with caution.

JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, Caribbean and Latin America. The Company operates Airbus A321, Airbus A320 and EMBRAER 190 aircraft types. The Companys firm aircraft orders consists of approximately 33 Airbus A321 aircraft, 25 Airbus A320 new engine option (A320neo) aircraft, 45 Airbus A321 new engine option aircraft, 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet, which consists of approximately 13 Airbus A321 aircraft, 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.

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